Migrants' remittances to Guatemala surge by 11.33 percent
Remittances by emigrants to their families in Guatemala rose by 11.33 percent year-on-year to US$1.36 billion in the first four months of the year, according to the nation's central bank, Banguat.
Friday, May 9, 2008
In April alone, remittances totaled US$385 million, Banguat said.
By country: Guatemala $4.37 billion; El Salvador $3.65 billion; Honduras $2.86 billion; Nicaragua $1.05 billion; Panama $592 millions; Costa Rica $530 millions.
In the first six months of the year more than $2,000 million came into the country from abroad.
The remittances sent by Honduran immigrants to their families in the country were over $1.360 million for the first six months of this year.
Despite the worldwide economic slowdown, remittances to families in Guatemala from members who live abroad have grown by 8.69 percent for the January-June period this year.
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